Quote from: wooder on August 26, 2014, 06:36:04 PM

Quote from: Mountaingoat on August 26, 2014, 06:06:15 PM

Quote from: xojex on August 26, 2014, 05:53:04 PM

Quote from: Mountaingoat on August 26, 2014, 05:49:10 PM

What does that mean?

http://www.investopedia.com/university/charts/charts7.asp

So that will be the lowest point?

doing a technical analysis on that small datasets and markets that have a low marketcap is nonesense and won't provide any future predictions you should count on. Nearly all crypto markets are manipulated as only a small amount of BTC/LTC is needed to create a sudden price increase.

It has the same amount of information as the "richlist"

Not sure I agree. Manipulated or not, if TA was completely invalid you wouldn't see the same patterns in crypto as normal stocks, but
if anything the TA patterns are more precisely followed - e.g. the accuracy of resistance and support lines is often
amazing including for XC. On the other hand you can ask if TA "predictions" in general aren't just confirmation bias and there I might have to agree - if you go
on tradingview you get as many conflicting predictions of future btc/usd movements as there are assholes - (i.e. a lot). But
anyway I'll throw my hat in the ring and say that TA's indicating a movement (probably up) before the 11th. EDIT: by the way I'm sure we
can revisit these pages on the 12th and see how we did.